LBank overall profit from Jul 16 to Jul 31: 301,866.62 USDT
Commission on Spot Trading: 253,252.38 USDT
Commission on Futures: 27,213.14 USDT
Financing Service: 21,401.10 USDT
Repurchase Amount: 241,493.296 USDT=301,866.62*0.8
Quantity Released: 102,640.525LBK
*The 47th repurchase will be completed during Aug 4th - Aug 15st, after which the specific data of repurchase and burning will be announced on the 48th Bi-weekly Report.
Bulletin of the 46th Repurchase
Repurchase Time: Jul 21 to Jul 31
Average Repurchase Price: 0.010315 USDT/LBK
Repurchase Amount: 217,876.088 USDT
Burning Quantity: 21,122,257.68LBK
*Note: The on-chain data will be updated by Aug 9
- Completed “MDX 20% Off Sale”, with a total orders of 2,814,487 USDT, and actual turnover of 50,000 USDT.
- Completed “SLP 20% Off Sale”, with a total orders of 2,911,834 USDT, and actual turnover of 50,000 USDT.
- Completed “AXS 20% Off Sale”, with a total orders of 3,112,806 USDT, and actual turnover of 50,000 USDT.
- Launch GDOGE Earning mining with 50% APY.
- Launched NFTART Trading Campaign&Lucky Draw with 9,000,000,000,000 NFTART in prize pool.
The 98th (July 12 - July 18) with a community node count of 27 and a total of 37,856 LBKs released in a single week, at a LBK price of 0.011632 USDT/LBK at the time of release, equivalent to 440.341 USDT.
The 99th (July 19 - July 25) community node count was 27, with a total of 27,845 LBKs released in a single week, at a LBK price of 0.010286 USDT/LBK, equivalent to 286.414 USDT at the time of release.
The 100th (July 26 - Aug 1) community node count was 27, with a total of 29,860 LBKs released in a single week, at a LBK price of 0.010957 USDT/LBK, equivalent to 327.176 USDT at the time of release.
From July 15 to July 31, a total of 7,079.525 LBK released in a single week at a price of 0.0111 USDT/LBK, equivalent to 78.582 USDT.
- OTC supports more global compliance channels and trading varieties.
- NTF platform pre-launch, users can upload, trade and auction their NFT works.
- Optimize finance, grid mining, on-chain dividend and other functions to provide user with better benefits.
- Pre-launch news station, adjust LBK membership purchase service.
- Optimize site-wide translations, chat rooms, KYC types, etc., and adjust the ALTS trading area to improve user experience.
- Optimize OPEN API quotes and order placement services.
- Spot wallets supported 27 assets such as TABOO, MM, SKILL, KAR, FARA, ANRX, MIST, BP, REVO, NFTART, FISH etc..
- ETF area add ALICE3L, ALICE3S.
- Add ALICE future trading.
*LBK Market Performance Overview*
From July 15 to July 31, LBK had the highest price of 0.012552 USDT, and the lowest of 0.008152 USDT with the opening price being 0.011617 USDT, and closing price 0.010720 USDT, a decrease of 7.72%, less volatile with relatively weak sign of rising.
During this period, LBank launched the 57th, 58th and 59th LBK Thursday Go with 50,000 USDT equivalent of MDX(bsc), SLP and AXS sale at a 20% discount respectively. Users who hold at least 50,000 LBK and get KYC completed can take part in the sale. What's more, LBank also launched GDOGE staking with an APY as high as 50%. The minimum invested assets shall not be less than 166,666,666,666GDOGE. In terms of benefits, LBank teamed with Tron in providing weighted airdrop of APENFT tokens for TRX and BTT holders. Users may check out their rewards in the "Spot Wallet". Besides, LBank also launched trading rewards activities for the newly listed NFT project, NFTART. From July 28 to August 4, the top 10 users with the highest trading volume can get generous bonus with the highest will account for 21% of the total rewards pool. In addition, users whose trading volume ranked 11 to 50 and the end of the ranking number is 4 or 7 would get a lucky bonus that accounts for 3% of the total prize pool.
Let's get back to the LBK price, the positive attitude to the market has brought active capital flow to LBK, which rebounded quickly after a 26% drop. According to the chart, every dive will be followed by rebounding, which suggested possible capital accumulation, while there was no strong sign of rising yet. It recommended not to follow the herds.